BEIJING, Oct. 27 (Xinhua) — China’s central bank for the first time used 63-day reverse repos to boost market liquidity before the end of the year, according to a statement released Friday. The People’s...

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter There’s simply no respite for chain restaurants. Industry-wide, same-store sales fell again in May. The last time, same-store sales actually rose year-over-year was in February 2016. On that basis,...

by Umar Farooq Traditional financial players have largely shunned the web-based “crytpocurrency,” viewing it as too volatile, complicated and risky, and doubting its inherent value. But bitcoin, invented in 2008, performed better than any...